Grayscale Releases First-Ever Digital Asset Investment Report

NEW YORK, July 18, 2018- Grayscale Investments, LLC, a global leader in digital currency asset management, today released the inaugural Grayscale Digital Asset Investment Report, a first-of-its-kind report that highlights industry trends and analyzes investment activity across the Grayscale family of products during the first half of 2018. Grayscale raised $248.4 million into its single-asset and diversified investment products, marking the strongest fundraising over any six-month period since Grayscale launched its first product, Bitcoin Investment Trust™ (OTCQX: GBTC), in September 2013.

Notably, institutional investors accounted for 56% of all new investment dollars into Grayscale products, a pronounced increase in allocations to the asset class despite a broad-based price reduction across digital currencies during 2018.

Bitcoin continues to be the most popular digital currency for Grayscale investors, with 63% of capital raised into Bitcoin Investment Trust™ and 37% into Grayscale products tied to other digital currencies.